Easy as 1,2,3 A,B,.... CWave B: "Narrow, emotional advance. Aggressive euphoria and denial."
The ride up to 20k was accompanied with multiple tests of the MA 150 with not a single break below. Here we've left it completely behind.
This run has disregarded every legitimate possibility of considering itself an actual bull run, but price is going up so naturally we call it so.
The herd goes one way, I go the other.
Wave C: "Strength, breadth. Prices decline relentlessly. Fundamentals ultimately collapse in response."
Could it be that easy?
